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Conflict of Interest: Did Low Interest Rates Create the “Everything Bubble”?

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Twenty years ago, a young economist destined to become a household name in Australia issued a warning to central banks around the world. “[L]lowering rates or providing ample liquidity when problems materialize, but not raising rates as imbalances accumulate, can be rather insidious in the long run,” he said. “They promote a form of moral …

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Railway union strike would create 'crippling' economy, warns industry official

Railway union strike would create ‘crippling’ economy, warns industry official

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Association of American Railroads President and CEO Ian Jeffries said the companies are “ready, willing and able” to negotiate new terms with railroad unions. After a fourth U.S. railroad union rejected a deal with their employers brokered by the Biden administration – and rekindled fears of a national railroad strike – a spokesperson for the …

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Today's mortgage and refinance rates: November 13, 2022 | Rates could start falling soon

Today’s mortgage and refinance rates: November 19, 2022 | Lower rates can create more opportunities for buyers

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Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Mortgage rates have fallen slightly this week, providing some breathing room for …

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